Global Fastener News

HEADLINES

STOCKS: Fastenal Sales & Earnings Drop

July 14
00:00 2009

7/14/2009 HEADLINES STOCKS: Fastenal Sales & Earnings Drop Fastenal sales dropped 21.4% to $474.89 million during the second quarter of 2009, “substantially” weakened by the struggling national economy. Q2 earnings...

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STOCKS: Alcoa Fastener Segment Sales Drop

July 14
00:00 2009

7/14/2009 HEADLINES STOCKS: Alcoa Fastener Segment Sales Drop Alcoa’s Engineered Solutions segment, including Alcoa Fastening Systems, reported revenue declined 6% to $1.2 billion during the second quarter of 2009 “due...

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STOCKS: ITW Sales "Stabilize" with Double-Digit Revenue Declines

July 14
00:00 2009

7/14/2009 HEADLINES STOCKS: ITW Sales “Stabilize” with Double-Digit Revenue Declines Illinois Tool Works reported sales in its Transportation segment, including automotive fasteners, declined 22.9% in the three-month period ended May...

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Argentina Tightens Fastener Imports

July 14
00:00 2009

7/14/2009 Argentina Tightens Fastener Imports Exporting fasteners to Argentina is no longer automatic with a new government resolution adding procedures, which may delay shipments 90 days. Since 1999 imports of...

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Würth Group Sets Sales Record in 2008 Despite Slowing Second Half Economy

July 14
00:00 2009

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SHORTTAKES: Anixter Hardware, FastenerJobs.com, Henkel, Interfast, PEM China, Rivet & Eyelet

July 14
00:00 2009

7/14/2009 HEADLINES SHORTTAKES: Anixter Hardware, FastenerJobs.com, Henkel, Interfast, PEM China, Rivet & Eyelet Anixter Pentacon and Anixter Eurofast have been renamed the Aerospace Hardware division of Anixter Inc. Anixter launched...

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2009 Gilchrist & NFDA Scholarships Announced

June 30
00:00 2009

6/30/2009 HEADLINES 2009 Gilchrist & NFDA Scholarships Announced The National Fastener Distributors Association announced 17 winners of a total of $13,200 in student aid through the 2009 NFDA Memorial Scholarship...

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China Steel Hikes Prices for July and August

June 30
00:00 2009

6/30/2009 HEADLINES China Steel Hikes Prices for July and August After months of price cuts, Taiwan steel supplier China Steel increased steel prices for July and August by an average...

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Training Institute Planning More Programs

June 30
00:00 2009

6/30/2009 HEADLINES Training Institute Planning More Programs Eleven participants in the first weeklong training program have qualified for the Fastener Training Institute’s Certified Fastener Specialist designation. FTI and the Industrial...

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LAFA and WAFD Unify as Pacific-West Fastener Association

June 30
00:00 2009

6/30/2009 HEADLINES LAFA and WAFD Unify as Pacific-West Fastener Association By near unanimous consent, the members of the Los Angeles Fastener Association and Western Association of Fastener Distributors approved a...

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PERSPECTIVE: Participation at 2009 Fastener Events Drops

June 30
00:00 2009

6/30/2009 HEADLINES PERSPECTIVE: Participation at 2009 Fastener Events Drops From association meetings to trade shows and conferences, the global economic recession has taken its toll on fastener events so far...

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Tycoons Aims for EU Fastener Market

June 30
00:00 2009

6/30/2009 HEADLINES Tycoons Aims for EU Fastener Market Thailand-based Tycoons Worldwide Group plans to establish a new subsidiary to expand into the European fastener market, the company announced. The new...

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SHOW NEWS: NIFS/West, Fastener Fair Stuttgart, New England Fastener Distributors Association

June 30
00:00 2009

6/30/2009 HEADLINES SHOW NEWS: NIFS/West, Fastener Fair Stuttgart, New England Fastener Distributors Association NIFS/West Announces Seminars for 2009 Show management announced a factory tour and print reading, application engineering and...

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SHORTTAKES: Active Screw, Advance Components, Atlantic Fasteners, J.W. Winco, Rotor Clip, Sherex and Trifast

June 30
00:00 2009

6/30/2009 HEADLINES SHORTTAKES: Active Screw, Advance Components, Atlantic Fasteners, J.W. Winco, Rotor Clip, Sherex and Trifast Active Screw & Fastener will launch a new customer Internet portal. “Active Access” outlines...

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ACQUISITION: Alcoa Fastening Systems Buys in Casablanca

June 30
00:00 2009

6/30/2009 HEADLINES ACQUISITION: Alcoa Fastening Systems Buys in Casablanca Alcoa Fastening Systems completed the acquisition of assets from Demicron SNC, which operates from a single facility in Casablanca with less...

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ACQUISITION: Rotor Clip Acquires Truarc

June 30
00:00 2009

6/30/2009 HEADLINES ACQUISITION: Rotor Clip Acquires Truarc Rotor Clip Company Inc. acquired the assets of Truarc LLC. Truarc, also known as Waldes Truarc, manufactures retaining rings, circlips and custom stampings....

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China Fastener Makers Eye Overseas Production

June 30
00:00 2009

6/30/2009 HEADLINES China Fastener Makers Eye Overseas Production Hit hard by a global recession and antidumping duties from the European Union, total fastener exports from the Chinese city of Taizhou...

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CLASSIFIED: IFI Technical Service for Non-IFI Companies

June 30
00:00 2009

6/30/2009 HEADLINES CLASSIFIED: IFI Technical Service for Non-IFI Companies For as little as $1,000 you can have online access to all IFI standards and direct access to Joe Greenslade and...

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CLASSIFIED: Independent Representative Territory Opportunities

June 30
00:00 2009

6/30/2009 HEADLINES CLASSIFIED: Independent Representative Territory Opportunities Titan Fastener Products Inc., the leading supplier of master pack packaged fasteners, custom kitting, and overseas mill orders to the distribution industry. Over...

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CLASSIFIED: Quality Systems Coordinator

June 30
00:00 2009

6/30/2009 HEADLINES CLASSIFIED: Quality Systems Coordinator Southeastern fastener company seeks qualified individual with five years minimum experience in fastener industry. Minimum high school diploma, valid drivers license. Requirements include PPAP...

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